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[Previous entry: "ABT Removing from our Watch List"] [Main Index] [Next entry: "HCC Exit 2nd half for +.73"]
04/18/2004 Archived Entry: "BCC Taking a -.98 loss, 2.8%"
click here for BCC chart
4/16 We were short BCC 4/13 at $35.23 EOD, and after only one day going in our favor, it went against us. On 4/15 it closed slightly above the 3x3 on daily, while the TRSI was still barely down, so we decided to give it another day. Fibmaster said in his 4/15 Alert "I'll give it another bar, see if TRSI holds, but wouldn't blame you if you bailed out. If you use 3x3 you have an exit signal". On 4/16 we kept a close eye on BCC, and after the first 30 bar showed some thrust, be exited at $36.21 for -98 cents, 2.8%. While BCC could still turn down, it could also reach 37.25. We will keep it on our watch list for a few days.
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